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China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the overwhelming ...
Ming Shing Group Holdings, a Hong Kong wet trade works contractor listed on the Nasdaq, sealed a $483 million agreement to purchase 4,250 BTC using convertible debt and stock warrants.
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Arabian Post on MSNChina’s Stablecoin Shift Could Boost Yuan’s Global Reach
China is reportedly on the brink of a significant policy shift that may see the introduction of yuan-backed stablecoins, a move designed to bolster the international standing of its currency. With ...
Let us remind you that in 2021, China banned the trading and mining of cryptocurrencies, considering them dangerous for the stability of the financial system.
Wealth managers said they are receiving more enquiries, cryptocurrency exchanges have seen trading volumes surge and crypto funds are in huge demand as high-net-worth Asian investors seek more ...
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